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nounthe semantic role of the intended recipient who benefits from the happening denoted by the verb in the clause
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type of: -
nounthe recipient of funds or other benefits
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Definition that contains beneficiary
- trust something (as property) held by one party (the trustee) for the benefit of another (the beneficiary)
- pensioner the beneficiary of a pension fund
- fiduciary a person who holds assets in trust for a beneficiary
- accretion (law) an increase in a beneficiary's share in an estate (as when a co-beneficiary dies or fails to meet some condition or rejects the inheritance)
- pensionary the beneficiary of a pension fund
- settlor (law) a person who creates a trust by giving real or personal property in trust to a trustee for the benefit of a beneficiary; a person who gives such property is said to settle it on the trustee
- trustor (law) a person who creates a trust by giving real or personal property in trust to a trustee for the benefit of a beneficiary; a person who gives such property is said to settle it on the trustee
- death benefit insurance or pension money payable to a beneficiary of a deceased
- discretionary trust a trust that gives the trustee discretion to pay the beneficiary as much of the trust income as the trustee believes appropriate
- endowment insurance life insurance for a specified amount which is payable to the insured person at the expiration of a certain period of time or to a designated beneficiary immediately upon the death of the insured